Compare 3 Brokers

5paisa Vs TradeSmart: Which one is better?

The brokerage of 5paisa Max Rs 10 per trade while the brokerage of TradeSmart Max Rs 15 per trade. Both the brokers are Discount Brokers. Overall rating for both the brokers are also equal with rating 4 out of 5.

Here we present side-by-side comparison of 5paisa vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs TradeSmart's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Compare 5paisa vs TradeSmart on Service

  5paisa Compare
5paisa
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX, NCDEX
Broker Overview 5paisa Capital Ltd, a financial service provider powered by IIFL, offer services like the full service broker at a discounted price. 5paisa is more than a simple broker for you as they not only provide trading across different segments but also offer... Know more about 5paisa TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support.
Broker Enquiry Open an Online Trading Account with 5paisa. Leave your contact info and we will get in touch with you. Open an Online Trading Account with TradeSmart. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare 5paisa vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared 5paisa with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - 5paisa charges Rs 650 (Free Now Promotion Offer) for account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - 5paisa charges Rs 45 PM if Trade, else Zero AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with TradeSmart
Charges 5paisa TradeSmart
Trading Account Opening Fees Rs 650 (Free Now Promotion Offer) Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 45 PM if Trade, else Zero Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs TradeSmart on Plan Options

Plans are the most important feature you look when compare 5paisa with TradeSmart. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provides Multiple Plans where 5paisa doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with TradeSmart on Plan Options
Plan Types 5paisa TradeSmart
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa TradeSmart
Account Opening Request
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Brokerage Charges

Compare 5paisa vs TradeSmart on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 10 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare 5paisa with TradeSmart
Brokerage Charges Compare 5paisa TradeSmart
Plan Name Flat Fee Rs 10 Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery Flat Fee Rs 10 Flat Fee Rs 15
Equity Intraday Flat Fee Rs 10 Flat Fee Rs 15
Equity Futures Flat Fee Rs 10 Flat Fee Rs 15
Equity Options Flat Fee Rs 10 Flat Fee Rs 15
Currency Futures Flat Fee Rs 10 Flat Fee Rs 15
Currency Options Flat Fee Rs 10 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 10 Flat Fee Rs 15
Minimum Brokerage NA NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 100 per call(No limit of orders) Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for TradeSmart
SPAN Margin Calculator SPAN Margin Calculator for 5paisa SPAN Margin Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare 5paisa vs TradeSmart on Transaction Charges

Compare 5paisa with TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with TradeSmart
Transaction Charges Compare 5paisa TradeSmart
Equity Delivery Rs 325 Per Cr Rs 350 Per Cr
Equity Intraday Rs 325 Per Cr Rs 350 Per Cr
Equity Futures Rs 190 Per Cr Rs 240 Per Cr
Equity Options Rs 5000 Per Cr Rs 7150 Per Cr
Currency Futures Rs 110 Per Cr Rs 165 Per Cr
Currency Options Rs 4000 Per Cr Rs 6000 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for trade-smart-online
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Account Features

Compare 5paisa vs TradeSmart on Account Features

Compare 5paisa with TradeSmart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - 5paisa offers margin funding where TradeSmart doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - 5paisa with TradeSmart
Account Features Compare 5paisa TradeSmart
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and TradeSmart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with TradeSmart
Trading Platform Compare 5paisa TradeSmart
Desktop Trading Platform 5paisaTradeStation NEST Trader & Fox Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Sine
Mobile Trading App Demo 5paisa Mobile App Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS 5paisa Mobile App Download iOS Sine Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare 5paisa vs TradeSmart on User Rating

  5paisa TradeSmart
  22 Customer Reviews    Rate 5paisa 34 Customer Reviews    Rate TradeSmart
Fees Ratings 3.3 3.9
Trading Brokerage Rating 4.0 4.4
Trading Platform Usability 3.5 3.7
Customer Service Ratings 2.9 4.0
Overall Ratings Rated 3.4 stars Rated 4.0 stars
Broker Rating 5paisa is Rated 3.4 / 5 based on 22 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare 5paisa vs TradeSmart on Investment Offerings

Compare 5paisa with TradeSmart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - both brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - 5paisa offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with TradeSmart
Investment Offerings Compare 5paisa TradeSmart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs TradeSmart on Order Types

Order Type - Compare 5paisa with TradeSmart on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After-market Orders (AMO)- both offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders- 5paisa offers Good Till Cancelled (GTC) orders where TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with TradeSmart
Order Type Compare 5paisa TradeSmart
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare 5paisa vs TradeSmart on Margin/Leverage

Comapre 5paisa with TradeSmart on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare 5paisa with TradeSmart
Margin Product Compare 5paisa TradeSmart
Equity Delivery Margin 5paisa vs TradeSmart - Equity Delivery Margin Up to 3.5x via Margin Funding. Up to 1x Margin on Equity Delivery.
Equity Intraday Margin 5paisa vs TradeSmart - Equity Intraday Margin Up to 20x leverage for equity. Up to 10x leverage for equity intraday.
Futures Margin 5paisa vs TradeSmart - Futures Margin Up to 3x leverage (of NRML Margin) for futures. Up to 3x leverage for equity futures intraday (MIS).
Options Margin 5paisa vs TradeSmart - Options Margin Up to 3x margin (of NRML Margin) for options shorting, no leverage for option buying. Up to 3x for Index options selling, no leverage on options buying.
Equity CO Margin 5paisa vs TradeSmart - Equity CO Margin Up to 33x margin/leverage in CO order for selected equity scripts. Up to 30x leverage for equity CO.
Futures CO Margin 5paisa vs TradeSmart - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for futures contracts. Up to 7x leverage on equity/Index futures CO.
Options CO Margin 5paisa vs TradeSmart - Options CO Margin Info Not Available Up to 7x leverage on options selling and 1.33x for options buying via CO.
Commodity Margin 5paisa vs TradeSmart - Commodity Margin Up to 20x leverage for commodity. Up to 2x on commodity MIS, and up to 6x for CO.
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Customer Service Offered

Compare 5paisa vs TradeSmart on Customer Service

Compare 5paisa with TradeSmart on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare 5paisa with TradeSmart
Customer Service Compare 5paisa TradeSmart
24/7 Customer Service 5paisa vs TradeSmart - 24x7 customer support No No
Email Support 5paisa vs TradeSmart - Email Support Yes Yes
Onine Live Chat 5paisa vs TradeSmart - Onine Live Chat No Yes
Phone Support 5paisa vs TradeSmart - Phone Support Yes Yes
Toll Free Number 5paisa vs TradeSmart - Toll Free Number No No
Through Branches 5paisa vs TradeSmart - Through Branches No No
Customer Care Number 5paisa vs TradeSmart - Customer Care Number "+91 89766 89766" 022 61208000/42878000
Account Opening Process 5paisa vs TradeSmart - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email 5paisa vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education 5paisa vs TradeSmart - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://help.tradesmartonline.in/
Head Office Address 5paisa vs TradeSmart - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website 5paisa vs TradeSmart - Company Website https://www.5paisa.com/ https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare 5paisa vs TradeSmart on Research Reports, Tips

Compare 5paisa with TradeSmart on research reports and tips provided by broker.

Research Reports - Compare 5paisa with TradeSmart
  5paisa TradeSmart
Research Mutual Funds 5paisa vs TradeSmart - Research Mutual Funds Yes No
Research Equity Reports 5paisa vs TradeSmart - Research Equity Reports Yes No
Research ETF 5paisa vs TradeSmart - Research ETF No No
Daily Market Report 5paisa vs TradeSmart - Daily Market Report Yes No
Free Tips 5paisa vs TradeSmart - Free Tips Yes No
Quarterly Result Analysis 5paisa vs TradeSmart - Quarterly Results No No
News Alerts 5paisa vs TradeSmart - Yes No
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Demat Account

Compare 5paisa vs TradeSmart on Demat Account

Compare 5paisa with TradeSmart on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare 5paisa with TradeSmart
  5paisa TradeSmart
DP Source CDSL CDSL
DP ID 5paisa vs TradeSmart - DP ID 82500 30400
Demat Account Annual Maintenance Charges(AMC) Rs 45 PM when trade, else Zero- Now charging monthly, No dependency on holdings Rs 300(Individual), Rs.800 (Corporate)
Advance Deposit NIL NIL
Statutory charges NIL At Actual
Transaction Charges on Debit (Per ISIN) 0.025% or Rs. 25 whichever is Higher Rs. 25 minimum or 0.02% which ever is higher.In case of BSDA Rs.50 or 0.02% whichever is higher.
Demat Rs 15/- per cert + Rs 40/- as postal charges Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.
Remat Rs 15/- per certificate, or Rs.15 for every 100 securities or part thereof whichever is higher plus Rs 40/- per request towards postal charges Rs. 500 per certificate per market lot of 100 shares or less and minimum Rs. 500 per request.
Pledge Creation Rs 50/- Rs. 200 per scrip
Pledge Creation Confirmation NIL Nil
Pledge Closure NIL Rs. 200 per scrip
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL Rs. 200 minimum or 0.01% which ever is higher
Failed Instruction Charges NIL Nil
Other Charges Postal Charges Rs 40 Late instruction .1% scrip value, For requisitioning physical transaction statement Rs. 50 per BO statement plus courier charges

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Special Offers,Advantages,Disadvantages

Compare 5paisa vs TradeSmart on Special Offers and Promotion

Compare 5paisa with TradeSmart on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs TradeSmart on Special Offers and Promotion
  5paisa TradeSmart
Pay In and Pay Out Options 5paisa vs TradeSmart - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time 5paisa vs TradeSmart - Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges 5paisa vs TradeSmart - Bank Supported and Charges Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Likes
  • Flat fee discount broker but services like full service broker.
  • Trading facility in Equity, Future & Options and Currency segments.
  • Robo Advisory platform to builds a fully customized mutual fund investment portfolio.
  • Single mobile app for Trading, IPO, Mutual Funds and Insurance.
  • Online trading account and online mutual fund investment.

Detail Review...

  • Time saver live-chat service with customers to resolve their queries.
  • Fair trading margins available for trading in currency and commodity.
  • Support “Offer for Sale” (OFS).
  • NEST, one of the proven desktop trading platforms.

Detail Review...

Dislikes
  • No branches.
  • Lack of monthly and yearly plans for trading.
  • Call and Trade charges are very high.

Detail Review...

  • Lacking in-house research.
  • No online process to invest in IPO, FPO, Buyback.
  • Mutual Funds investment option is not available.
  • The process is not defined for NRI customers.
  • In-house trading platforms are missing.

Detail Review...

Special Offers/Promo Free Account Opening, Save Rs 650 on your account opening. This is a limited time promotional offer. Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Enquire about 5paisa Enquire about TradeSmart

Last Updated on 2019-07-04T01:57:30+00:00







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